Real Estate Investing in Newton, Massachusetts (02464)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02464 (Newton, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Newton, MA (02464)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02464 Newton
Stepping back, ZIP 02464 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $959K median. It rewards specialists, not generalists.
The investment case in 02464 is impressive only for operators who understand what they are buying. A $959K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within MA, ZIP 02464 trails on several market indicators that neighboring Middlesex County submarkets outperform. The gap is real and robust enough to shape underwriting.
The demographic picture in 02464 includes headwinds that any investor should price in. Income distribution skews lower than Newton averages, and tenant stability requires active management.
Strategically, 02464 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Newton:
Property Strategy for 02464
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $714,082 | $3,570 | 3.6% | +4.1% | $357,041 |
| 3BR | $986,973 | $4,280 | 3.1% | +4.9% | $328,991 |
| 4BR | $1,303,782 | $4,730 | 2.6% | +5.0% | $325,946 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02464 Compare?
| Metric | 02464 | Newton | Massachusetts |
|---|---|---|---|
| Home Value | $958,877 | $1,491,074 | $645,115 |
| 5-Year CAGR | 4.3% | 5.8% | 7.0% |
| Avg Rent | $3,460 | $3,765 | - |
| Cap Rate | 2.8% | 2.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02464 (Newton, MA). Anonymous, moderated, never written by AI.
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Property managers serving Middlesex County
Manage rentals here? List your business →Green Ocean Property Management offers investment property management and condo association management services in Boston and surrounding areas like Allston, Brighton, Cambridge, and Quincy. summary from their website
McDonough Property Management offers full-service property management and HOA management in the Greater Boston Area, covering maintenance, inspections, legal compliance, and communication. summary from their website
New England Property Management & Maintenance offers property management for multi/single-family homes, apartments, rental properties, and condo associations in Brookline, MA and Cambridge, MA. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $958,877 |
| Monthly Rent | $3,460 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 02464
Population: 3,730
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 02464
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
A E Angier
Bowen
C C Burr
Charles E Brown Middle
Countryside
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,640 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Newton, MA?
The median home value in Newton, MA is roughly $959K. That puts it reasonable relative to the MA statewide average.
How deep is the rental pool in Newton, MA?
Expect a solid tenant pool in Newton, MA. The rental market absorbs $3,460/mo rents without meaningful friction.
How strong are rents in Newton, MA?
Investors in Newton, MA typically see rents near $3,460/mo per month against $959K home values - a solid setup for rental cash flow.
How viable is house hacking in Newton, MA?
The house hack math a challenging in Newton, MA. Owner-occupant buyers benefit from the $3,460/mo rents and $959K home values.
How do landlord-tenant laws work in Newton, MA?
MA law tenant-protective for landlords, and Newton inherits those rules. Investors should still review local ordinances for rental licensing.
You know 02464 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02464 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 02464 ranks in Boston-Cambridge-Newton, MA-NH
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